Global fertiliser prices have started to hot up once again, in anticipation of tight supplies in 2010-11 and some significant mergers and acquisitions, which could increase the Import Bill for India and also make key soil nutrients expensive. In just the latter half of July, prices of key phosphatic fertilisers, urea, DAP, phosphate and potash have shot up in a marked manner. Between July 16 and July 29, phosphate prices...

Corporate donations to political parties, a long-standing lightning rod for criticism for the implicit conflicts of interest in a controlled economy, will come under greater scrutiny when a new Companies Bill, expected to be passed in the winter session of Parliament, gains the force of law. Provisions enforcing greater transparency and disclosure norms on such donations will be part of the upcoming bill, which is currently being studied by a...

Their ongoing negotiations remain shrouded in secrecy, but there are already reports that India and the European Union (EU) will have a free-trade agreement ready by the end of August, and that they will be putting signatures to it before the end of 2010. Yet it is a potential development that is causing more nervous chatter than joyous jitters here in India, where drug manufacturers in particular have raised concerns over...

The NREGS is restricted. The PDS is targeted. Only exploitation is universal. The rotting of lakhs of tonnes of foodgrain in open yards, while shocking, is hardly new or surprising. Remember the rural poor marching on godowns in Andhra Pradesh in 2001 in similar circumstances? The Supreme Court was quite right in jolting the Union government. “In a country where admittedly people are starving, it is a crime to waste even...

The legacy of Industrial Agriculture With the world population passing the 6 billion mark last October, the debate over our ability to sustain a fast growing population is heating up. Biotechnology advocates in particular are becoming very vocal in their claim that there is no alternative to using genetically modified crops in agriculture if "we want to feed the world". Actually, that quote might be true. It depends what they mean...